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FANG (Diamondback Energy) Cyclically Adjusted PB Ratio : 1.73 (As of Jun. 29, 2025)


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What is Diamondback Energy Cyclically Adjusted PB Ratio?

As of today (2025-06-29), Diamondback Energy's current share price is $139.77. Diamondback Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $80.69. Diamondback Energy's Cyclically Adjusted PB Ratio for today is 1.73.

The historical rank and industry rank for Diamondback Energy's Cyclically Adjusted PB Ratio or its related term are showing as below:

FANG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 2.29   Max: 3.02
Current: 1.73

During the past years, Diamondback Energy's highest Cyclically Adjusted PB Ratio was 3.02. The lowest was 0.61. And the median was 2.29.

FANG's Cyclically Adjusted PB Ratio is ranked worse than
71.41% of 787 companies
in the Oil & Gas industry
Industry Median: 0.97 vs FANG: 1.73

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Diamondback Energy's adjusted book value per share data for the three months ended in Mar. 2025 was $133.918. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $80.69 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Diamondback Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Diamondback Energy's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Diamondback Energy Cyclically Adjusted PB Ratio Chart

Diamondback Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 2.22 2.33 2.29 2.12

Diamondback Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.81 2.76 2.30 2.12 1.98

Competitive Comparison of Diamondback Energy's Cyclically Adjusted PB Ratio

For the Oil & Gas E&P subindustry, Diamondback Energy's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Diamondback Energy's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Diamondback Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Diamondback Energy's Cyclically Adjusted PB Ratio falls into.


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Diamondback Energy Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Diamondback Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=139.77/80.69
=1.73

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Diamondback Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Diamondback Energy's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=133.918/134.9266*134.9266
=133.918

Current CPI (Mar. 2025) = 134.9266.

Diamondback Energy Quarterly Data

Book Value per Share CPI Adj_Book
201506 31.568 100.684 42.304
201509 30.851 100.392 41.464
201512 28.085 99.792 37.973
201603 29.400 100.470 39.483
201606 27.326 101.688 36.258
201609 32.215 101.861 42.672
201612 41.017 101.863 54.331
201703 47.406 102.862 62.183
201706 49.095 103.349 64.096
201709 49.900 104.136 64.655
201712 53.530 104.011 69.441
201803 54.934 105.290 70.397
201806 57.103 106.317 72.469
201809 60.131 106.507 76.176
201812 83.398 105.998 106.159
201903 83.667 107.251 105.257
201906 85.417 108.070 106.645
201909 87.190 108.329 108.597
201912 83.326 108.420 103.698
202003 81.272 108.902 100.694
202006 67.886 108.767 84.213
202009 60.513 109.815 74.351
202012 55.627 109.897 68.296
202103 58.972 111.754 71.200
202106 60.348 114.631 71.032
202109 63.515 115.734 74.048
202112 68.082 117.630 78.093
202203 71.771 121.301 79.833
202206 76.004 125.017 82.029
202209 78.819 125.227 84.924
202212 83.457 125.222 89.925
202303 85.152 127.348 90.220
202306 86.787 128.729 90.966
202309 91.044 129.860 94.597
202312 93.021 129.419 96.979
202403 95.043 131.776 97.315
202406 97.806 132.554 99.557
202409 127.856 133.029 129.680
202412 129.684 133.157 131.407
202503 133.918 134.927 133.918

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Diamondback Energy  (NAS:FANG) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Diamondback Energy Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Diamondback Energy's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Diamondback Energy Business Description

Industry
Address
500 West Texas Avenue, Suite 1200, Midland, TX, USA, 79701
Diamondback Energy is an independent oil and gas producer in the United States. The company operates exclusively in the Permian Basin. At the end of 2024, the company reported net proven reserves of 3.6 billion barrels of oil equivalent. Net production averaged about 598,000 barrels per day in 2024, at a ratio of 56% oil, 23% natural gas liquids, and 21% natural gas.
Executives
Van't Hof Matthew Kaes officer: Sr. VP - Strategy & Corp Dev 500 WEST TEXAS, SUITE 1200, MIDLAND TX 79701
Frank D. Tsuru director 500 WEST TEXAS AVENUE, SUITE 1200, MIDLAND TX 79701
Steven E West director 411 WEST PUTNAM AVE., SUITE 125, GREENWICH CT 06830
Travis D. Stice director, officer: Chief Executive Officer 500 WEST TEXAS, SUITE 1225, MIDLAND TX 79701
Mark Lawrence Plaumann director 340 PEMBERWICK ROAD, 1ST FLOOR, GREENWICH CT 06831
Teresa L. Dick officer: CFO, Exec. VP, Assist. Sec. 500 WEST TEXAS, SUITE 1225, MIDLAND TX 79701
Daniel N Wesson officer: Exec. VP - Operations 500 WEST TEXAS AVENUE, SUITE 1200, MIDLAND TX 79701
Matt Zmigrosky officer: Exec. VP and General Counsel 500 WEST TEXAS AVENUE, SUITE 1200, MIDLAND TX 79701
David L Houston director 14313 NORTH MAY AVENUE, OKLAHOMA CITY OK 73134
Rebecca A Klein director 1411 E MISSION AVE, SPOKANE WA 99202
Jennifer Soliman officer: Sr. VP and Chief HR Officer 500 WEST TEXAS, SUITE 1200, MIDLAND TX 79701
Russell Pantermuehl officer: Exec. VP Reservoir Engineering 500 WEST TEXAS, SUITE 1225, MIDLAND TX 79701
Michael P Cross director 515 CENTRAL PARK, OKLAHOMA CITY OK 73101
Thomas F. Hawkins officer: Sr. VP - Land 500 WEST TEXAS, SUITE 1200, MIDLAND TX 79701
Vincent K Brooks director 900 POLO CLUB DRIVE, AUSTIN TX 78737